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Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT)

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From: StockDung10/7/2004 6:52:08 PM
   of 2413
 
"Alan V. Phan a/k/a Alan V. Pasqualle d/b/a Harcourt Companies
Alan V. Phan, the marketer of Jazz cigarettes, a nontobacco product, agreed to
settle allegations that he made false and deceptive claims about the health risks
of smoking the product and made deceptive claims about its ability to help
people quit smoking. The consent order prohibits specific, allegedly false
claims for Jazz or substantially similar products and also prohibits Phan from
making any future health or safety claims about any smoking product, unless
they are true and substantiated by competent and reliable scientific evidence."

ftc.gov
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